Hey Guys, Just wondering what some of you guys in Australia use to trade forex? I just moved here , have only ever traded equities but was wondering what is out there and what people actually use. Cheers Benji
well, if you like to sleep at night, the hours are pretty good of course if you get too far out on margin, sometimes it is hard to sleep no matter where you live
Haha cheers loyek590, So, what Forex trading platforms are good in Australia? I have heard of Plus500 and MT4, but what else is out there? Or does anyone here use the above?
I use OANDA, quite happy with them. They have an Australian Office so you'd be dealing with a local presence.
MT4 is not a broker it is a popular platform brokers offer to their clients. Every broker can slightly update code of the platform for their needs, but generally it stays unchanging. For example I use Hotforex MT4, that's why your reply should also include the name of your broker before mentioning MT4 so we can better understand what you are talking about.